Rapaport News



Rapaport Broadcast
Martin Rapaport’s Webinar on Estate Jewelry
October 30 2019

Advanced search
Latest Articles
Rough Markets
Polished Markets

Berkshire Hathaway’s Retail Sales Jump

Feb 27, 2017 4:12 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... Revenue from Berkshire Hathaway’s retail division, including three jewelry businesses, grew 14 percent to $15.09 billion last year, the company reported over the weekend.

Pre-tax earnings for the unit increased 17 percent to $659 million in 2016, the Warren Buffett-owned conglomerate said.

The rise in sales reflected the acquisitions of car-dealership group Berkshire Hathaway Automotive and motorcycle-accessory retailer Detlev Louis Motorrad in 2015. The retail division also includes jewelers Borsheims, Helzberg and Ben Bridge.
Tags: ben bridge, Berkshire Hathaway, Berkshire Hathaway Automotive, borsheims, Detlev Louis Motorrad, Helzberg, jewelers, Jewelry, Rapaport News, retail, warren buffett
Similar Articles
Tiffany Men'sTiffany Launches Men’s Pop-Up Store
Dec 08, 2019
Tiffany & Co. has opened a one-month holiday pop-up shopin...
Tiffany Sales Stall as Tourist Spending Dries Up
Signet Raises Full-Year Outlook
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First

Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
twitter twitter
About Rapaport
Advertise with us